Market Dashboard
BSE Code: | NSE Code: | ISIN: | Sector:
| Change | Change % |
| -3.00 | -0.69% |
Updated:26 Sep, 2018, 15:14 PM IST |
|
| Change | Change % |
| -2.35 | -0.54% |
Updated:26 Sep, 2018, 15:08 PM IST |
|
Research Report Detail
| Brokerage Analyst |
Report Date | Call | Price@Call | Target Price Stop Loss |
Current Status | Time Horizon |
|---|---|---|---|---|---|---|
| Edelweiss N/A |
31-07-2017 | Buy | 692.75 | 859.00 N/A |
Closed | Long (1Y) 31-07-2018 |
Edelweiss maintains buy on LIC Housing Finance
LIC Housing
Finance's Q1FY18 PAT, at INR4.7bn ( more than 15% YoY), was lower than
estimate on slower revenue traction.Though individual segment's
profitability is softer, superior profitability of non-individual
segment is likely to cushion overall impact. Further, asset quality
risks are limited in the mortgage segment, especially for LICHF, where
LAP is also tilted in favour of salaried segment. Also, recovery from
existing delinquent corporate loans is a key monitorable. The huge
opportunity in mortgage segment will help LICHF sustain momentum.
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